Q.1 Can I deposit profit cheque into my account with any scheduled bank? If not, then how can I withdraw my profit without coming to the Centre?

Ans: No. Unlike cheques of banks, the Profit coupons/withdrawal slips of NSS are not negotiable instruments, hence not acceptable by banks. The profit accrued on BSC only may, however, be collected through an agent duly authorized by the certificate holder at his/her own risk and subject to the satisfaction of the officer in charge.

Q.2 What is the standard procedure for encashment of certificate(s) in case of death of certificate holder(s)?

Ans: Subject to the rules of the respective schemes, the nominee may opt for encashment of the certificates or transfer of the same in his/her name, however, in the former case the nominee shall be required to furnish;

an application on plain paper containing three specimen signatures of himself/herself duly verified to the satisfaction of the officer in charge.

death certificate of the deceased holder.

attested photocopies of CNICs of both the deceased holder and himself.

in case the certificates are intended to be transferred to nominee, an application on SC-4 supported by relevant documents shall be required in addition to above requirements.

Original Certificates.

Q.3 Do the revised rates of profit on National Savings Scheme automatically apply to the investment made prior to such revision?

Ans: No.

Q.4 Are new rates automatically made applicable on the existing investments?

Ans: All National Savings Schemes (NSS) except Savings Account are term/fixed deposits; hence, the agreement made at the time of investment remains valid upto the maturity of that particular deposit. Any change in profit either upwards or downwards on later issues doesn’t affect the existing investments. However, if any investor intends to avail new rates, he/she can withdraw the investment and on payment of subject to nominal service charges (if applicable) and then invest the same on new rates.

Q.5 Can widowers invest in Bahbood Savings Certificates?

Ans: No, at present the widowers cannot invest in Bahbood Savings Certificates. However, after attaining 60 years of age, they become automatically eligible being senior citizens.

Q.6 Who are eligible to invest in Bahbood Savings Certificates?

Ans: The widows and the senior citizens aged 60 years or above can invest in Bahbood Savings Certificates.

Q.7 Is investment made in National Savings Schemes secure?

Ans: Yes, the investment made inNational Savings Schemes (NSS) is fully guaranteed by the Government of Pakistan.

Q.8 What is the difference between Joint-A and Joint-B type investment?

Ans: The National Savings Schemes provide the facility of joint investment upto two persons. There are two different types i.e. Joint-A and Joint-B. In case of Joint-A deposits, the encashment is given only after having the signatures of both the investors; while in case of Joint-B, either of the investors can withdraw/encash the principal under his/her own signatures only.

Dear Sir The only way you will motivate oversease Pakistani to bring investiment in to Pakistan is by offering a good interest rates on saving accounts. By curtailing interest rates every 4 months, public will be demoted!! and henve no investment to pakistan.

@Dr. M. wasil, will you please motivate to your friends there for OPF special profit on monthly basis please.Since we’r sending a lost of foreign exchange every month we should have OPF Saving schemes for more month profit in pakistan. Thanks. Kind Regards. A.P.Qureshi.

FIRST OF ALL IF ONLY SO CALLED OUR HONEST LEADERS BRING THERE MONEY TO PAKISTAN FROM SWIS ACCOUNT IT WILL BE MORE THAN ENOUGH TO BUILD WHOLE COUNTRY TWICE , AND OTHER THAN THAT ITS GOOD TO OPEN DEFENCE ACCOUNT IN NSC.

The best way to motivate the public to create interest through improving, education,health,society, roads,social security, justice etc. These the real paths to improve investment in Pakistan. Just showing the rates to attract the public does not mean any thing.

If you announce today the people who invest in through national saving will our member to make pakistan a welfare state and they will be looked after well in hospitals, educatinal institutions,courts while getting justice, provision of social security, naturally they will invest. They will also get good percentage of profits like 12% 15% or more than that. I am sure national saving will be a more productive and more earning body in Pakistan giving options/opportunities to its members and society as a welfare state.

@Muhammad Saeed, Will you please advise to your friends there we need OPF special profit on monthly basis scheme, since we are sending from abroad billion of dollars foreign exchange for country servival and for the betterment.

Morning, I am iterested to buy national saving certificates from pakistan each 100000 amount for minimum five years, would u please tell me about the present interest rates,so certificates can be proceded.

sir i want to buy special saving cerficate for period every six month and i want to buy 7000000.i m now in dubai .how can i buy this certifecate from here.shill i get it if govt increase the interst rate.

@khalil, my dear friend please try to insist govt of pakistan to introduce new saving scheme for OPF pakistani’s after age of 60.We have to have a good enough monthly basis profit for our servival with respect rest of our life in pakistan.

@Raheem, My firend we need to insist to Govt of pakistan for OPF national saving schemes good profit on monthly baisis,since we are sending foreign exchange every month around the world we must have to have a good enough profit on monthly basis.For example after 60+ if we will get back home in pakistan we need that kind of schemes for our servival there. Thanks.

IF IT IS POSSIBLE PLEASE ALSO MENTION THE TEN YEAR PLAN AND CLEARLY SHOW THE NET AMOUNT RECEIVED AGAINST RS.100,000/- AFTER TEN YEAR.

MOSTLY PEOPLE HESITATE TO INVEST MONEY IN LONG TERM SAVING PLANS DUE TO VARIABLE INTEREST RATE.

THE LAST AND MOST IMPORTANT REASON ACCORDING TO MY POINT OF VIEW IS IF ANY PERSON WANT TO TAKE HIS MONEY BACK AFTER ONE AND HALF YEAR THEY ONLY RECEIVE THE PROFIT OF ONE YEAR WHICH I THINK IS NOT FAIR BECAUSE IF YOU PAY MONTLY PROFIT FOR REGULAR INCOME SCHEMES THEN WHY NOT FACILITATE FOR LONG TERM SCHEME DEPOSITER. if it is convenient for you please send me your opinion or justification in my email addresstariqdoit@gmail.com regards tariq shehzad

NATIONAL SAVING CENTRE, GULSHANE IQBAL, BLOCK – 2, BRANCH JUST CORNER OF SAMDANI HOSPITAL CHEATING TO THE OLD PEOPLE WHEN THEY LINE UP TO RECEIVE PROFITS. THE BRANCH STAFF ASKED THEM SIGN ON REGISGTER AND THEY CALCULATE THE PROFIT AND THEY DO NOT PAY SAVING RATE @8.5% PLUS INVESTMENT PROFIT. MY SISTER PRESENT SPECIAL SAVING CERTIFICATES OF RS.500,000 AFTER THREE YEARS FOR ENCASHMENT. THEY JUST PAY THE PROFIT AS PER TABLE AND DID NOT PAY REINVESTMENT PROFIT AS SHE DID NOT DRAW ANY COUPON WITHIN THREE YEARS. I VISITED THEM AND TALK TO THE MANAGER AND CHECK THE REGISTER AND SAID WE PAY PROFIT AND REINVESTMENT PROFIT AND MY SISTER POINT OUT NO THEY TOOK MY SIGNATURE ON EMPTY REGISTER AND LATER ON THEY FILLED UP THE AMOUNT. WHEN I TOLD MANAGER THAT I AM GOING TO REPORT TO YOUR HEAD OFFICE HE OFFER ME TEA AND HAVE MEETING WITH THE STAFF AND FINALLY PAY THE AMOUNT. THEY STAFF OF THE CENTRE INVOLVE THESE TYPE OF ACTIVITIES PLEASE, ON THE STRENGTH OF THIS COMPLAIN LOOK INTO THE BRANCH OR DO SURPRISE VISIT AND WATCH AND PULLED THEM WHY THEY TOOK SIGNATURE ON EMPTY VOUCHERS FROM THE INVESTERS AND LATERON THEY FILLED UP THE FORM. THIS IS VERY SERIOUS! Your reply will be highly appreciated. Thanks/Khan

i want to purchase some certificates of SSC , how much maximum amount can be invested in the above SSC for six monthly profir and what is rate of profit and how much deducted for with holding tax.please reply in detail

zafar mirza, The profit is 11.6% Per annum. For six months is 5.8% For Rs 100,000 it would be 5800.If you don’t go to get you money then it would be reinvested alongwith the principal amount for another 6 months automatically.

I need someone’s help for the following question: My uncle had bought some Pensioners saving certificates and Behbood saving certificates in his name. He had put my name as a nominee. He has expired 4 months ago. If I go to Pakistan can I transfer these certificates in my name? Someone has told me that I cannot transfer these certificates in my name bcause they are for Pensioners and the other for people with 60 years of age only.

NBP staff is so rude.. oftenly their behaviour with clients are so casuals and replies in rude manners. most of government sarvant facing great difficulites while opening their accounts and drawing thier saleries. There is no ATM facilies in most of banks operating salery accounts. Please look into the matter as special case

asalam o alikum: i want to know that my father served his job and now his wealth is not good so he want to keep his money save.he is looking for invest his investment.if he invest 100000 $ us doller’s in forign currency certificate on 2 years basis..how much income he got from per month basis in it….kindly reply me

Investing in Pakistan has certain concerns. First of all one cannot act swiftly if the conditions are not favourable. Secondly rupee is not a stable currency. Thirdly the inflation is way high than the government claims i.e. 13.50%. It is not less than 25% anyway. Some basic commodities have gone up several hundred per cent. There is no way one can make money by investing in Pakistan. It would be depleting ones money. Another most important thing is that visiting National Saving Offices in Pakistan is a humiliating experience.

There is one possibility to lure investment in Pakistan is to allow Pakistani banks functioning in foreign countries to do the business on behalf of National Savings Organization. So that the Pakistanis living abroad invest, disinvest swiftly to control their finances.

dear sir i have fifty lac rupees through golden shake hand scheme from my organization.i cant make any business and i m 55 years old so how can i get the highest profit rate in these rupees from national saving certificate

Dear Sir, I am a senior citizen of Pakistan & want to invest in Behbood saving scheme after my retirement. My question is ? that is it possible if profit shall be deposit or transfer to my local bank account on monthly basis which is close to my residence. I am asking to avoid any mishap while carrying out even a small cash from Saving Centers.

CEO of Savings center’s may consider the point to attract Overseas Pakistanies, who are living abroad and interested to keep money in a safe country.

Rgd: BEHBOOD SAVING, 1. In joint a/c Type B, Is it applicable if one spouse is plus 60 years of age ?. 2. Is the interest paid on monthly basis ?. 3. Tenure of certificates ? 4, What is the latest rate of Profit ? 5, Upto what value can it be procured by one couple ?.

i have nsc since 1999 ,at 2009 the 10yrs completed .still i didnt cashed or re-invest.my question is this certificate autometically rennued for further 10yrs or i have to personally come and change certificate .plz guide me. thanks

I would like to know about if i will invest 10,00000. rupees in national saving bank to get the profir in every six month six month. the profit i think so you are offering 1250/ rupees as one month profit on 1,00000. if i will count my friend told me what is exately, and will be or what, please send the reply to me than i can concider it to keep safe amount for future, thank you and best regard ,

Your English…..!! I’m so sorry to mention that the comments appearing on this page are in very poor English language ….please do not write wrong English, if you are so keen in sending your comment in English, please get it corrected, otherwise, use roman to express yourself/thoughts….thank you With no hard feelings…. Saleem Malik Kuwait

as an investment no doubt NS centre is the best place where margin is lesser but safer. and i wanted to get detail of profit on monthly basis on one lac for my grand mother for her own expenses for that she would not ask or beg money from their children and can take monthly through NS centre’s monthly investment plan for widow or senior citizen. regards. laila

I need some urgent advice on National Savings certificates. I purchased some Regular Income Certificate in 2005 and a few Special Certificate and both of them expired in 2010. I am not able to go back to Pakistan to reinvest of withdraw the money. I asked my brother to go and reinvest it on my name again but the Branch Manager didn’t allow it and says he wants to see the account holder in person.

I may not be able to go back for sometime now, Can anyone please advise what that be reinvested automatically and what would happen if I go after some time would I be eligible to get the profit of the previous months.

I have 2 questions please 1. What is the problem with the official website of National Savings? It is not operative since over a month. 2. We understand that Compounded rates for SSC are available at the branches of National Savings but can someone provide us here (in this website) with the compounded rate table for the revised rates of SSC that effective from 01 Jan 2011. I need the compounded rate table not just the simple six monthly rate. Regards hatimk

Assalam Alekum I would like to know this is haram or halal, b’coz many people are saying NSS certificates is haram there is only profit, if there is only profit, that’s means is haram, kinldy let me know… also one of the friend introduce me Meezan bank, saying that bank is good, (profit and loss bank)… I am in Dubai, I want to invest and also tell me what rate i can get… Thanks

Assalam Alekum I would like to know this is haram or halal, b’coz many people are saying NSS certificates is haram there is only profit, if there is only profit, that’s means is haram, kinldy let me know… also one of the friend introduce me Meezan bank, saying that bank is good, (profit and loss bank)… I am in Dubai, I want to invest and also tell me what rate i can get… Thanks………. and how to buy from Dubai, and get the profit

Dear Sir I am retire person want to know about regular incom certificate is it halal or haram tell me true please if it is halal then what is rate now can not open your website how can get the form can I do this online please i have account in pakistan can I pay through my bank to your account please Can I have you E mail address please Thank you Muhammad Din U K